Digging out or shoveling in? Pritzker’s great leap backward – Crain’s

By Wirepoints' Mark Glennon: "By blaming everything on Rauner and the budget impasse, a new assessment by the Pritzker administration hides the reality that our problems are structural, systemic and old. Our government is broken." And thanks to Crain's for publishing a variety of viewpoints, including ours.
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Doug
7 years ago

What do you expect an Illinois Democrat to do? They will never do the right thing, always more debt until it’s too late, then will dramatically raise taxes, they will always choose the “Scorched Earth Death Spiral.”

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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